Now that the fervor around the Olympics has subsided (sort of), it's time to move on to the next bidding process, the US bid for the 2018 or 2022 World Cup. From a technical standpoint, the big difference between the Olympics and the World Cup is where the events would be staged. Olympics would have primarily been in Chicago and other Midwestern cities. The World Cup would be staged at various stadiums throughout the country (think cities with big football stadiums).
With that said, it's pretty easy for the US to stage the World Cup since it has numerous stadiums that could easily accommodate the event. Although in our opinion the World Cup wouldn't have the same affect on the city as the Olympics (in terms of infrastructure and constant world attention), it's a lot less risky since we wouldn't need to build new venues.
It's a good thing for Chicago, so hopefully we get this thing. The decision will come in December of 2010...let the new count down begin.
For more information check out the Chicagoist's post on the topic.